The Manitoba Provincial Nominee Program Business Investor Stream (MPNP BIS) is a component of an immigration program that was created through an agreement between the Government of Canada and the Province of Manitoba. The Farm Strategic Recruitment Initiative (FSRI) is a special rural economic initiative under the MPNP. The purpose of this program is to attract suitable farm business persons that meet the criteria of the FSRI.
Tag Archives: FSRI Overview
How much net worth must I have to qualify as a business immigrant under the FSRI?
Farm business immigrants are required to have a legally earned or obtained net worth of at least CDN$350,000.
How much does the MPNP-B require me to invest in Manitoba in the FSRI Program?
The amount of investment you make in Manitoba will be dictated by the type of farm business you establish, the size of the operation, and the farm sector that you intend to enter. Depending on the size of the farm the investment may be in the hundreds of thousands or millions of dollars. While the total investment may include financing, a minimum of $150,000 must be from your personal resources. The CDN$75,000 deposit is not part of the investment.
Must I make a Farm Business Research Visit to Manitoba before submitting my FSRI application?
Yes. Farm Business Research Visits are mandatory for a minimum of five business days. This visit will allow you to identify and assess potential farming opportunities as well as experience rural Manitoba’s quality of life.
If I attend a Farm Business Research Visit and submit my application to the FSRI, and if I am interviewed, will I automatically be nominated by Manitoba?
Making a Farm Business Research Visit to Manitoba and being interviewed will not guarantee that you will receive a Nomination Certificate. The MPNP-B bases its decision on many factors in addition to the minimum net worth and experience criteria.